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Mark Stanley, the former head of Threadneedle Asset Management's institutional business marketing, has resurfaced at Wellington Management Company, the independent fund manager.

He started on October 18, Financial Services Authority filings show. Wellington declined to comment on the hire, or give details of his role.

In September Wellington also hired Paul Skinner, formerly head of fixed income business development at Gartmore, the international asset management company.

This month Wellington was criticised by investment consultants after its Continental European excluding-UK portfolios only produced an average 20.1% return in the year to September, against 27.4% from the MSCI index.

The Continental European team's performance in the third quarter was 5.4% compared with an average 8.6%, according to Mercer Investment Consulting.